According to the report, the revenue generated from sales of clinical trial packaging has been estimated to be around US$919.92 mn in 2016 and is projected to increase at a CAGR of 6.9% during forecast period 2017-2025.

Albany, NY -- (SBWire) -- 03/15/2018 --The global clinical trial packaging market has witnessed impressive growth in the past decade, due to growing pharmaceutical packaging products trade across the globe. The demand of clinical trial packaging has witnessed an upstick in the recent past. Clinical trial packaging manufacturers are investing in research and development process that can create sustainable solution for the industry.

Clinical trial packaging market manufacturers are mainly emphasizing on expanding their geographical footprint through mergers and acquisitions. Growing importance of booklet labels is one of the trend of clinical trial packaging. Clinical trial manufacturers are setting up operations in markets with strategic advantage. Packaging manufacturers serving the clinical trials are investing in setting up and expanding their operations in markets that have geographic and economic strategic advantage. North America and Europe, manufacturers of clinical trial packaging are considering investing in regions such as Eastern Europe that have strategic advantage due to its geographic location.

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Global Clinical Trial Packaging Market: Overview

Transparency Market Research examines the global clinical trial packaging market during the forecast period 2017-2025. The primary objective of the report is to identify opportunities in the market and present updates as well as insights pertaining to various segments of the global clinical trial packaging market.

The report begins with an overview of the global clinical trial packaging market, evaluating market performance in terms of revenue, followed by TMR's analysis of key trends, drivers and restraints witnessed in the global retail as well as clinical trial packaging market. Weighted average pricing analysis of clinical trials packaging based on packaging type which is also included in the report.

To compute the market size, in-depth secondary research is done. Data points such as regional splits and market split by packaging type, material type, and end use have been assimilated to arrive at the market estimates. The report comprises the forecast of the global revenue generated by sales of clinical trial packaging across the retail industry.

Global Clinical Trial Packaging Market: Scope of the Report

TMR triangulates the data via different analysis based on supply side, demand side, as well as dynamics of clinical trial packaging market.

TMR not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.

In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of packaging type, material type, end use and region. The report analyzes the global clinical trial packaging market in terms of value (US$ '000) and volume (Mn Units).

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Global Clinical Trial Packaging Market: Segmentation

Vital feature of this report is the analysis of the global clinical trial packaging market by region, packaging type, material type, and end use; and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to provide potential resources from sales perspective of the global clinical trial packaging market.

To understand key segments in terms of their growth and performance in the clinical trial packaging market. Transparency Market Research has developed a market attractive index. The resulting index should help providers identify existing market opportunities in the global clinical trial packaging market.

In the final section of the report, clinical trial packaging market competitive landscape has been included to provide a dashboard view of companies that manufacture and provide clinical trial packaging. The report contains company profiles of some of the players in the clinical trial packaging market.

Global Clinical Trial Packaging Market: Competitive Landscape

Few of the key players in the global clinical trial packaging market include Bilcare Limited, Westrock Company, Fisher Clinical Services, Almac Group Limited, Sharp Clinical Services, Inc, PAREXEL International Corporation, The Coghlan Group, Piramal Enterprises Ltd, Corden Pharma GmbH, Xerimis Inc, WuXi AppTec, Pharmaterials Ltd, PCI Pharma Services, Mawdsley-Brooks & Co. Ltd, NextPharma Technologies, Sentry BioPharma Services, Körber Medipak Systems AG, DMB Consultancy.

The market has been segmented as follows –

By Packaging Type

Syringes
Vials & Ampoules
Blisters
Tubes
Bottles
Bags & Pouches
Sachets
Kits or Packs
Others

By Material Type

Plastic
PVC
PE
HDPE
LDPE
PP
Others
Glass
Metal
Paper
Corrugated Fiber

By End Use

Research Laboratories
Clinical Research Organization
Drug Manufacturing Facilities

By Region

North America
Latin America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)

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